Pierre & Vacances-Center Parcs: Revenue for the First Half Of 2019/2020

Revenue* from the tourism activities slightly up over the first half of 2019/2020

Sharp growth in the Group’s operating performances prior to the Covid-19 outbreak helped offset the short-term effects of the crisis.

Revenue for the first half of 2019/2020

Under IFRS accounting rules, H1 2019/2020 revenue totalled €628.7 million (€519.5 million for the tourism activities and €109.2 million for the property development activities).

The Group nevertheless continues to comment on its revenue and the associated financial indicators, in compliance with its operating reporting namely:
- with the presentation of joint undertakings in proportional consolidation,
- excluding the impact of IFRS16 application

A reconciliation table presenting revenue stemming from operating reporting and revenue under IFRS accounting is presented in the appendix at the end of the press release.

Bron en hele artikel: finance yahoo